The Democrat.
The Daily Delivered, 10 cents a
ween; in advance (or one year, 4.0?
By mail, in advance (or one year $3, at
end of year 1.50.
The Weekly Advance per year $1.26.
At end of year $1.50. Alter 8 yes-78 at
JS A COLLEGE EDUCATION
WORTH THE COST?
Some say that it is, and others that
'. it is not. I have heard some fathers
and mothers positively assert that the
study of some parts of a college
. -course is a useless expenditure of time
. mid money. That there may be some
truth. in the assertion in certain cases
may be admitted. If there is no more
in the Sons and daughters of those
who make the assertion than there is
in themselves, the necessary expendi
ture of a college ducalion will ill a
jnasurc be useless. "When there is
ti,itlimr in imlliintr r:m he dr.'iwn
out." livery teacher knows this from '
experience. Absolute mental va-.
cuums, iiowever, arc scuioin lounu in
normal cases, and it is not true that
a college education is an absolute use-
less expenditure of time and money.
Jivcii those who are of low grade men-
tal endowment are benchted m sonic
degree by such education. This is
well known to all close observers, of
education in general as well as that of
the college. What is education? Ac
cording, to the derivation of the wortl,
""it is the act of drawing out, the act
of cultivating and developing, by thor
ough iiK-ntal discipline, man's innate
individuality, which is generally well
nigh boundless in its capabilities. This
.education ought to begin in childhood
.and be continued in the primary and
secondary classes of the public schools
under high grade teachers. Hut it
should not stop there. Those who
enter upon professional life in its
numerous forms and all .those whose
work requires much thought and quick
perception of its adaptability to what
ever is in hand, need the thorough
-mental discipline, of a good college;,
.-and the better the college the better
I the preparation for any and all of the
i emergencies in .life's various activities.
This is .no visionary speculation of a
philosophic theorist but 'a fact con-v
firmed by men who arc .conversant
with such things and 'furnish statistics
which prove beyond a doubt, that'. a
college education is a valuable equip-.
.incut for the performance of any of
life's activities in the best manner pos
sible. The fact "that of all the young
men that' have graduated in this coun
try from colleges one out of every
forty has "reached honorable distinc
tion,' while of ' those who have not
'.graduated from colleges only one in
ten thousand reached distinction,"
cannot .be explained very easily, it at
.-rA, jf college education has nothing to
do .with .'if. Two hundred and fifty
dinners for distinction are certainly
much better lhan one. Hut this is not
the only thing worthy of considera
tion in favor'of the college graduate.
Graduates -of first class colleges are in
constant demand for good positions
of different kinds while mm-graduates
. often find difl'v vliy in- getting posi
tions of any '' I. Close observers
of the outcome :;cli graduates gen
erally art pretty.' sure that "the man
trained to inusier all his powers at Ihe
command of his will anil adapt hinisell
to the demands of conditions will sitc-
cd better in any occupation -than a
man tiniraried." The college gradu
f onliiinrv mental ability, who
n,-,c in Inn. ii In he ami to no
iome-
.1.:'.,.. -,n,l w':i tini born tired
wr.l at-
tain distinction wnue tne iion-Ki. "
who was born tired and is afflicted
with luegalo-ciphalilis, ail exaggerat
ed estimation of his own ability, is a
failure in his profession and wonders
why it is that his less brilliant friend,
as he thinks, is the occupant of a post
Jioii of greater distinction.
Hut this is not all. Ability to gam
distinction is not the only advantage
that the college graduate possesses.
The natural attendants of his distinc
tion arc an extension of his held of
influence and an increase of the coin-.
.....,v.ii..n r-.-eive-d for his labors, with
the satisfaction and pleasure afforded
him in being able to do so much for
the benefit of the community in which
he lives and for the world's advance- ,
..cmnt. t
Who. then, says that a college edu
cation is not worth its cost? 1 certain
ly do not. 1 do not have a single re
gret that I spent what money ) did ill
becoming a graduate. If 1 hid my
life to lie over, 1 would certainly take
.a classical course in some good col
lege, notwithstanding the belief of
some that the study of Greek and Lat
in is a useless expenditure ot lime and
money. I think I have gotten the full
worth of all that I spent while 1 was;
in college. How? In what my edu-
, ,-atiou has enabled me to do, in the
-even slates in which 1 have taught .
lorty two years, in academies ami eol- '
Kges, in the pleasure that my work
afforded me (luring those years, and
in the enjoyment which the retrospect
oi the past furnishes me, when 1 see in
my mind's eye the good work which
those taught by me have been doing
and are siill doing for the world's bet
termeut in civil, moral ami religious
adv.mocmcnt. AGAMOS.
SOME MODERN BOOSTING.
.1. A. lVrry, a
mall, vcpre-iciili-d
ii'iner I. inn county
tae Medlord com-
iniMiial club
ihe Chicago Land
dtoid had a splendid
one that opened the
,vlu
Me
,.-;.l:i
iiui:
he world. .r. I'errv look
li-inv wi;h Inm .I.mM u:uih of people
wi-lun im ther iiilorni.iliou ill refer
ence to the Kiu:mc lier coumiy, and
a -pc.-i.ii bo,kl,-l is bcine. pivp.uxd to
vvtul i' till oi iliein. The Sun .viys
Mr I'.-irv in.ule ihi. Maiemcnt, which
will ho- what an ed'ecme sy-n-in
-i h.iiwline. ihU has proven to be:
"1 needed help and more printed
matter. 1 did the het pi'Nilile under
the conditions but when one m.oi ha
lo v.vn-iy ltie inquiries of J5.IHH1 peo
ple ii i a !ak oi much ni.ienilude.
Mcdtord's exhibit va re.illv the Ore
gon exhibit. There was a ni.i!l lot oi
.stuff from tir.ints- Pass and one or
two oilier place-, hut t-.e Medford
exhibit was Oregon in big letters. All
inquirers as to Oregon were sent to
us. All were earnestly interested.
Many knew of Medford and Rogue
Vlaley. A number of persons who
owned property out here would ap
pear from time to time, and each one
would lend his voice in praise of the
valley. This counted heavily for us.
"Many of the inquirers were sur
prised to learn of our mild climate.
All wanted to listen as long as I could
talk to them. It was a line way to
advertise our city and valley.
Mr. Perry was given a vote of
thanks by the commercial club.
THE JOURNAL'S POSITION.
The Journal is opposed to graft in
any form or under' any guise. It be
lieves that graft by a newspaper is as
culpable as graft by a professional.
1'or this policy, its publisher has been
criticized.
, When a newspaper renders adver
tising service 10 me state it snouia
receive as much compensation as it
charges the business public, and no
( more. June was in this region when
it was the vogue for a sheriff to pay
J ,is organ extortionate prices for the
1 publication of delinquent tax lists and
sheriff's sales. The law fixed no limit
and the cost was laid on for all and
sometimes more than the traffic would
bear. In one county in Washington
the charge for a delinquent tax list
was s,3ixj and the amount of the de
linquent taxes $800, or less than one
third the newspaper fee. It was graft.
The relation between the newspa
pers and any legalized public printing
should uc on a strictly business basis.
several of the measures proposed by
the upstate publishers arc worthy of
adoption, nut the law should lix the
rate on a business basis, and provide
against holdups of the public or the
state by secret agreement of rival pub
lishers, llic United Mates govern
mcnt.has its Sherman anti-trust law
based .an exactly this principle.
WILLAMETTE'S
OPPORTUNITY.
Portland, Jan. 7.VIt was announced
today that lames J. Hill, chairman of
the board of managers of the Great
Northern, will contribute $50,000 to tho
endowment fund of Willamette Univ
ersity at Salem, providing oth.-r con
tributions to the endowment fund are
secured to the fund up to $250,000.
Some timo ago Senator R. A. booth, of
Eugene, announced he would eive
$100,000 to thu University endowment 1
fund if o'her cnntribntora camp forward
with $1100.000 to ihe fund and $b0,U0O
for a now university building. Aggre
gate fund to be ra'.sed is $600,000. Of
this sum $125,000 is available from
otnor eontrihiitioiiti and with the Mill
und Booth wifts amounting to $150,000.
the university must raise an additional
$u25,0U0 to complete thu fund.
Kusk Is Spaeker.
Salem, J ;i 1 1. 9. As punishment for
illeged allegiance of the I.anc county
lelcK.-ition to tlie.Chamhcrlain-llournc
combinatiru, -which was. condemned as
unrepulili
.ir. Hi
House, upon recon-
vention :.; K:40 n. in. this afternoon
elected ji.l'...l Kusk of-Union audi
Wallowa c uties as speaker and thus
settled' the- long drawn-out and ani
mated light for Oregon of this brand
of legislative assembly which has been'
.one of the most hotly contested or
ganization tights in years and in which
chief public interest centered.
The eleviion of Rusk to speakership
was finally accomplished during the
noon hour by combining of forces of
V. l.air Thompson of Lakcvicw and
Mr. .Rusk against forces arrayed in
favor of Allen II. Katon, Lane coun
ty, and is intended for and regarded
as a severe and austere rebuke to the
state university for its alleged disloy
alty to dominating party and as a
warning that it must be good in the
future if it expects any concessions or
favors at the hands of the Republican
party in the legislature.
As a reward for his atVdiatiou with
the Rusk forces at the last moment
which brought about his election, it is
stated that W. l.air Thompson is to
have his say in naming of committees.
The final result of the vote upon
speakership was: Eaton, 22; Thomp
son, 2; Rusk. 35. Upon motion of
Katou and Thompson, the election of
Kusk was made unanimous and com
mittee composed of l.ibbv of Marion,
Katon and Thompson, was named to
escort the speaker-elect to the chair.
Death of Gus Staiger
August Stuiger died in Portland yes
terday nt tho age of 58 years. Ho was
in tho shoo business there for many
years. He fore going to Portland ho
was in the marble business in this citv
for several years, going from here to
Portland in ISSt. In 1SS2 ho was mar
ried to Miss Rose Avery, a prominent
Albany vocalist. Ho was a brother-in-
law of Fred Kggert and was associated
with him for several years.
W hat the Papers bay.
Iho lelegra'n: "Another homo run
has been hit att by Klaw and Krlunger,
Their ''Harrier' otTering t the New
Am'terdain thentre, hut nivht, will b
no harrier to mccess. Kex Heaeh has
surpassed n'l previous efforts "
At the opera house Kridny r.ii;ht.
One of th most attractive sh.iw win-
d nvs seen in -ih uiv since thennrgtou
h'didav (bsidhys is the Oennos Haby
Km I window at Wood worth a drug
s' ire.
A conven'vm nf cs'c-orinths of Or
iin anil Idaho will be held :n P r'
" .1 Jan. 1.1 and 14.
TUESDAY,
HARR1SBURG
TO BE DRY.
liarrisburg is dry according to the I
on in ion of attorney general Crawford, i
wmcn is also tne view or the Democrat
expressed immediately after the elec
tion. The Harrisburg precincts voted
wet The attorney general says that
inasmuch as Harrisburg is included in a
county that yoted dry it is dry notwith
standing that fait, which is plainly pro
vided by the local option law. The
home rule law says distinctly that it is
subject to the provisions of the local
I , ii.:. i tt i
upiiun iuw, unu una neeps narnsourg
whhin the rule of the old local option
law, and it cannot call a special elec
tion; but. may, says the attorney-general,
at the regular electio.iin November,
or at a regular city election.
NORTH BENTON
Six new houses have been erected
North Albany this winter.
Mr. E. Glenn of Palestine moved his
family and household paraphermalia to
Aihany Saturday. He has bought dtod
erty in west Albany.
Mrs. Willard Cauthorn, of Wells, and
Mrs. Comton, of Independence, re
turned to their respective homes Sat- 1
urday atter visiting a few dayB with , Marriage licenses: M ichael Keef , 44,
their mother, Mrs. Isaac McElmurry of , and Agnes E. McHugh, 34; B. J. Rid
Albany. ders, 32, and Isabel H. Tracey, 21.
Almost the middle of January and;
still the mums and roses are blooming ! n-.i- jj.i
as ever. The herds and flocks are giv-1 DeedT3 "traded: 2
inc soma resnnnn at uraritnHti that i Mary J. Roberts to T. C. Kendall
their lot has fallen in pleasant places
man only is non-appreciative of the
CT-nnH thincrR that, lin nhotit him Whv
shouldn't we all rejoice beine Dermitted
to enjoy this Oregon winter.
Grain is looking exceedingly well for
this time of the year Pastures are
food and stock of all kinds is doing well,
eed is scarce and high, but the winter
has- been such that range stock have
fared nicely without' much feed. ' If
reasonable weather continues the stock
owners will pull through the winter
with a very low rate of losses.
Santa is gone, but we still have left
the state legislature which will not cost ,
us less tnan ifoo.uoo, also Zacheus the
tax collector.
What Is Albany's Population. !
The time for guessing Albany's dod-
ulation and getting a directory free'u,!,-.
closes tonight Lea ve guess with 'the 1 n
airectoty company at OhurchiUs tnis
evening before che t'me closes. An
aeturl census has been taken. I
Washington, D. C. Jan.
Dalles city population, thirtec
is 4880. fweltlh. census 3542,
10,-The
th cessus
eleventh
census 8029.
E. Dana Duhand, Director.
The funeral of Mrs. Alfred Froerksen
of forest Grove, who died in Portland
on Sunday, was held at the Baptist
church this afternoon, Rev. Douglas
nrminhincr Ihn uprmnn . .slim Innvnj a
husband and four children. She was
born in 1863 and was married in 1883:
Dr. Lowe, the optician who has
JM. been coming to Albany for so
-' many years will be here again
Thursday and Friday, Jan. 19 and 20.
It is Dr. Lowe's intention to visit Alb
any every month during the year 1911.
The scheme of modern politics is to
place the individual first, the govern
ment second. Half the doings of a
state legislature are in the interest of
men, a great game for self-aggrandize
ment. Men possessing colossal cneex
and ability in the reverse order push
themselves to the front and play star
in legislative drama. Much of the time
it is not the good of the state that is
being considered, but the political
schemes of these fellows of brass. A
man of real genius, reserved in his
character, stands little show in the-
tight.
Clothes-racks and irer.ing hoards made
by E. II. David! on, are t'. e best on tie
market. (Jail t i- u 1st t
ALL HOUSEHOLD
An Hour InutcI in summoning the plumber by tclo
lihone may save the price ot several years of service.
It certainly saves a lot of discomfort and worry.
The Cell Telephone keeps the household in constant
ioueh with all the resources of civilization and is instantly
available in any emergency.
It also keeps the household in constant touch with the
broader outside world by means of the Cong Distance
Service of the Bell Svstem.
THE PACIFIC TELEPHONE &
TELEGRAPH COMPANY.
Every Bell Telephone is the Center ol
the System.
C H NEWS
New suits.
Eleanor Sommerville agt. Wm,
Thompson et al, suit to quiet title.
R. H. Lindegreu agt. Eric A. Linde
gren, for divorce. Marriage April
1907 in Portland, charges: cruelty,
abuse, extravagance, had to chon
wooa, ana mine cow,
struck plaintiff.
They have two children 3 and 2 years
Ul ugv.
A new suit is the OregoD Electee R.
R. Co. against R L. Burkhart, W. C.
Burkhart and H. D. Burkhart, brought
to condemn the right of way for the
electric line through the property of the
detendannts in the eastern suburbs of
: the citv,
. -
The county court is at work on road
supervisors, will name the tax rate to
night and tomorrow select the jury
for the year.
list
Deeds recorded :
Ethel Mendenholl to John Sommer
ville, lot Harrisburg $ 1
S. P. Co. to V. E. Moulton, 160
acres 1320
C. E. Moulton to O. W. Olson, 160
acres 1
Emeline Moss to W
M. Moss, 80
acres..... 10
Araminta Munkers to C. M Perry.
zu acres . .
Araminta Munkers to F. F. Perrv,
10
20 acres 10
o5.38 acres
. A. U. Schmttt to Julia A, Dann
- n)t LennOt
10
10
; C. A. Witchrajf t. to Elmer Arch-
anibeau 77 acres.
1000
1
Altos Slaybaugh to E. ICo 40.a.
Final account approved m estate of
Mary Hazen.
' New suit. A. L. Ball
Moore, to recover 8182.
Johnstsn attorneys
agt ' It." A;
Wrighr 4
County court has been busy most of
the day on the Plainview school district
case.
Marriage license. John Cyrus whit-
nBy-20- aBd Henriea Pearson, 17.
the
Annual
Milis.
Levy at 10,
I The county court this afternoan a
agreed upon 10 mills as tne amount of
county levy, which is lamina for roads
and 8' mills for all other purposes, in
cluding, . state, schools, current ex
penses, old soldiers, etc., not being
segregated.
. This makes Albany's total levy 23.65
mills..
After a long trial the Plainview school
district case was disposed of by ordering
the new district, unless the school build
ing site is changed to meet the case.
Junction Won.
The Albany skating basket ball team
last night was defeated by Junction 18
to 17 in about as not a contest a was
ever played, fast and furious. Albany
was three points ahead at one time,
but Junction pulled up and ahead.
Tells tluw to Feed Baby.
Miss Katherine Hanson, of Portland,
nurse for the Dennos Baby food is in
the city this week to give mothers in
struction in baby foods, and she will be
glad to have those interested call her
up at wood worth s drug store lor free
information regarding baby feeding.
The man wbo wrote the Beautiful
Snow would not be safe on the streets
of Albany.
EMERGENCIES
MISFITS.
Politics is a great game of tiade.
The winter
Come.
of our discontent has
The tail of the eastern storm was
bound to flop over the bills.
The back sciatche-s will bow be worn
t0 shreds down at Salem.
Don't Jet up on one good resolution:
boost for Albany all the time.
It will take a complete knockout for
Bowerman to know that he is set down
on.
The Assembly candidates stood no
show, an! should have kept out ot the
race.
Eaton was properly defeated. He
was an assembly man and was due to
defeat.
,
Hill says the trouble is not the high
cost of living, but the cost of high
living.
Twist. Wash.. . ha 257 neonle. It
will take several more-twists to make
l city of it.
According to Prof. Pickering of Har
vard, Venus has animal life, and is
covered with snakes, delirium tremons
all the time.
The quarterback of the'Prineville foot
ball team is named Coffin. The season
ended at Prineville Saturday, without
nis Deing needed.
Newspapers have a universal rula for
throwing i all anonymous communica
tions into the waste basket), with nne
rest of the rubbish.
A new cure for nervous ilia is rolling
wnue naKea m a snow- oanK; . urego-
-ianD mill n M
--...
All over the United States the Ore
gon plan of government is befng men
tioned, that is government by the peo-
P'e aDC particularly in the electionof'a
u.s
. senator by the people.
In the modern dince a man sees with
composure another man with hie arm
aroorid his wife or best girl; bat if seen
in a like position anywhere else
tnere would De a tragedy.
Mrs Chas. H. Mills is getting a
divoree from her husband, a son of B.
Fay Mills, once a Christian evangelist.
now a Unitarian preacher. Chas. H. isi
a sociologist, but after living three '
yeais with him Mrs. Mills is no?.
The Democrat said right along the
proposed mode! saloon license- was a j Loans and. Discounts $
bunco game. Now even the Oregonlan OverdraSts, secured and nn
admits it as follows: "What has. be- secured
r,m0 r,f tho "'mnrlnl linnnco la im7" tirhiK . TT C Onnn -1
. ...... ...uuw, ..b.iu mi....
was to work such a salutary tranfor-
motion in the saloons? Has it been laid
away until the next prohibition fight
comes pni remaps it may De less
useiui next time, 'ii wnue rcan tools
Indian once it is white man s fault. It
he fools him again it is Indian'&fault. "'
Wasbungton, D. C, Jan. 11'. Salem
erty's population, thirteenth eensus is
14.084. The twelfth census was 4, 58.
H. DANA DURAND, CeatOC.
It b Now Governor West.
Abramsof Marion has a bill' for an
Oregon Naval Militia. It witl probabry
not pass. ,
senator Joeepn is preparing an anti
trust bill similar to the Sherman law.
That has been a dead one.
Acting Governor Bowerman, upon re
tiring front office declared that the af
fairs oi Oregon are loosely managed.
Governor West will put; business
methods mto affairs.
Governor est was formally, inaug
urated, his address taking just 80 min
utes to deliver.
One bill prepared is to make a man
signing an initiative or referendum
petition declare that be baa- carefully
reed tbe whole of the bill. This will
probably be killed.
Chase introduced the first bill in the
Senate, for the sale of tide lands. The
most important were ones- regulating
white slavery, making October 1 dis
covery day and a civil service bill.
Miller had two bills, oae providing for
meottng ot legal voters a road districts,
the other for the employment of con
victs on highways.
Among the bills are a 2) inch fire
cracker affair, for special elections for
annexing temiorv to jities, for all-day
primaries, for rotation of names on
ballots without numbers, for county
nospicais.
The Black Eagle Mines.
The Black Eagle mines of Gold Creek
are preparing to ship their first ore to
the Tacoma smelter, the beginning of
regular shipment of high grade- ore.
the Mail of Stayton says a ledge of $S0
ore nas rjeen strucK. j.he company has
live claims and will now push the busi
ness as a money oroducine- enternrisp.
The Mail says the credit i? due to W.
u. Mure, the superintendent, with the
work from the start. A road has been
built, the company has a sawmill and
'0,000 feet of logs on hand and a 40-H.
1': engine. A number of Albany peo
ple are interested in the mines, and it
is to be hoped they pan out richly.
9
Stupendous
l? the motion picture entitled. Maid
of Niagara, produced by the American
Pathe Co. and shnwn at Dreamland to
nUht, Wednesday and Thursday
Two other feature pictures will be
shown making tbe finest program ever
shown in the city. One of them is The
Boy Scouts of America by Edison. The
u.her a Biograph high cuss comedy.
Manaosr Dreamland.
DOINGS OF
THE WORLD
Dr. Paine, of Eugene, is" on his
to Honolulu
way
Jackson day was quice generally re
membered by democrats.
Pennsylvania has recovered $4,300,000
stolen from, it by the capitol thieves.
Twenty-seven conventions will be
held in the Nor tn west in January Bud
February. s
Miss Illington, the actress of fame,
mashed a manner in the face and got a
mashing item in She paper.
Seventeen people were killed by the
storm crushing some barges off the
Massachusetts coast, yesterday.
The Oregon Electric is getting ready"
as fast as possiUe to come up the val
ley. These rights of way suits show
that it means business.
Joe Tinker a celebrated base ball
player has bought eighteen acres near
Newberg and is now air Oregon farmer.
He seems to be a regular plunger in
dirt.
Ed. W. Powers, of Salem, has return
ed from a trip to the Dakotas, where
he sold at retail three car loads of
legan and other berries' and prunes.
He struck weather 32 below zero.
' A new pension bill ha? passed the
honae by a big majority, under which
veterans of the civil and Mexican wars
will receive-?15 a month at 62 years of
age,. $20 at Go years. $25 at 70 years and
$36 at 75 years of age:
Hoed River has a sensational damage
suit,, one by Clive N. Needham agt.
William G. Snow, a wealthy contractor
for 200t because of the alienation of
the attections of his wife. Snow is a
married man and has a fine home. It
I may be a cold day for Snow before
Neetftatn gets through with him;-
X Broadway Favorite;
Manager Scrmltz is pleased- to aa-
nounce to his patrons that for one night
muijuay, uan. ioan ne ni
Monday, Jan. ith He nas secured an
extraordinary attraction. On this date.
Miss erace Cameron, the Broadway
favorite will appear in C. Herbert
Kerr 8 bran new comedy "NANCr.
This character is a continuation of her
famous character "Little Dollie Dim
ples" which we alt liked so well upon'
I the occasion' of Miss Cameron's ' last
i appearance here-. Her supporting
I ra??2y ' j a P"01""'? f one
! ""J'1" P"d" ' camed ,n en"
, lret by the company.
2928
REPORT OF TUB CONDITION
OiniEB
FIRST NATIONAL BANK.
. , ... ,
Albasyj. in; thb State op Oregon.
Ait vim
Close of business Jan.. 7, 1911
RESOURCES.
517,165,18
8,214.80
100,000.00
25,000.00 129,09?.'86
1 o. xjviiuo KJ OVUlt' K3-1T-
! filiation
' U. S. Bonds on. hand. .
i Premiums on U. Si Bonds.
Bonds, securities,, etc...
Banking house furnitume.
and fixtures
Other real estate owned. . .
11,000.00
22,031i05
1,415,32 '.
Due from National Basics
(not reserved aeentsi. . .
Due from State and Priv
ate Banks and- Bankers,
Trust Companies and
Savings Banks
22,996,78
39,944.92
11,203.47
8,000,00
Due from approved reserve
agents,-;
Checks and other cash
items,
Notes of other Nathaal
Baniss
Fractional paper currency,
nicKeis ana cents
131'.18
La wren, MoneYi Resbete in Bankviz:
Specie $12303.40 i
Legaktender nates .00
122,202.40
Redemption fund with U. S.
Ireasurer (a, per cent of
circulation)
6,000.00
Total..
$1.02fl9i91
LIABILITIES.
Caiika' stock paid in IOOjOOOiOO
surplus tana. 8,000.00
uranviuea proms, less ex
penses andtaxes paid.... E6;9B9s75
National Bank notes out
standing 24350.00
Due to other National
Banks 5 7!S7fi
Due to State and Private
Banks aad Bankers 3,947.51
Due to Trust Companies and
Saving Banks 33;.t9o.ll
Dividends unpaid
Individual deposits subject
to check 700,572.54
Demand certificates of de
posit 51,750.24
Certified checks
Total.... $1,023,499791
State of Oregon, Countk
of Linn, ss:
I. 0. A. Archibald, Cashier of
the above namxd bank, do solemnly
swear that the above statement is true
to the best of my knowledge and belief.
. O. A. AP.CHIBAJLD, Cashier.
Subscribed and sworn to before me
this 11th day of Jnn.. 1911.
H. F. MERRILL, '
Notary Public.
Correct -Attest:
Alfred CSciimitt)
H- o X?UNG' i Directors
J. P. Wallace. ).
Mendota
is fast gaining in favor, always clean
free from soot, kindles easily, burns
readily, free from clinker, makes but
little ashes, lhese good qualities make
an ideal coal, best on the market -for
the money, bold in any quanti v
prompt delivery Order from.
ALBANY FUEL CO
Coal